Forfaiter

Purchaser of promises to pay issued by importers.

Forfaiter (Primary)

An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment obligations of the importer/ guarantor.

Forfaiter (Secondary)

An individual or financial entity that buys or sells the payment obligations of the importer/ guarantor.

Forfaiting

In international trade, the selling of an exporter's receivables for a particular transaction. It is similar to factoring except in scope. While a company sells all of its accounts receivable in factoring, an exporter only sells one receivable for one, perhaps high risk, transaction. In forfaiting, the buyer is known as a forfaiter, and assumes all the risks associated with collecting the receivables. Generally, the exporter forfaits the receivable at a discount. This improves cash flow but reduces income.

单词	forfaiter
释义	forfaiter forfaiter (ˈfɔːˌfeɪtə) n (Banking & Finance) a person or company engaging in forfaiting Forfaiter Forfaiter Purchaser of promises to pay issued by importers. Forfaiter (Primary) An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment obligations of the importer/ guarantor. Forfaiter (Secondary) An individual or financial entity that buys or sells the payment obligations of the importer/ guarantor. Forfaiting In international trade, the selling of an exporter's receivables for a particular transaction. It is similar to factoring except in scope. While a company sells all of its accounts receivable in factoring, an exporter only sells one receivable for one, perhaps high risk, transaction. In forfaiting, the buyer is known as a forfaiter, and assumes all the risks associated with collecting the receivables. Generally, the exporter forfaits the receivable at a discount. This improves cash flow but reduces income.
随便看	outshined outshines outshining outshone outshoot outshot outshout outshut outside outside air outside air conditioning unit outside air floor duct outside air intake outside-air intake outside air temperature outside applicant non-veteran outside architrave outside assistance outside audit outside audits outside awareness panel outside awareness port outside back cover outside battery limits outside bilateral area